A five-story mixed-use apartment building, one of a string of new multi-family projects set for construction on Santa Monica’s Lincoln Boulevard Downtown, is poised for approval next week by the City’s Planning Commission.
“The developer will be seeking a Removal Permit from the Rent Control Board for the 11 rent-controlled units that are registered on the project site,” a report to commissioners said.
“One resident currently remains on the property and has been in ongoing discussions with the developer pertaining to a potential relocation agreement,” it said.
The report also says the project “complies with both the City’s Affordable Housing Production Program and ability to satisfy the Removal Permit condition that requires that at least 15 percent of the controlled rental units built on the site be at rents affordable by persons of low-income.”
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